Brookfield Corporation (BN)

NYSE: BN · IEX Real-Time Price · USD
44.49
-0.15 (-0.34%)
At close: May 17, 2024, 4:00 PM
44.41
-0.08 (-0.18%)
After-hours: May 17, 2024, 7:09 PM EDT
-0.34%
Market Cap 73.03B
Revenue (ttm) 95.53B
Net Income (ttm) 1.11B
Shares Out 1.64B
EPS (ttm) 0.60
PE Ratio 74.15
Forward PE 11.94
Dividend $0.32 (0.72%)
Ex-Dividend Date Jun 13, 2024
Volume 2,046,862
Open 44.77
Previous Close 44.64
Day's Range 44.20 - 44.77
52-Week Range 28.84 - 45.11
Beta 1.69
Analysts Buy
Price Target 47.25 (+6.2%)
Earnings Date May 9, 2024

About BN

Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients. It typically makes investments in sizeable, premier assets across geographies and asset classes. It invests both its own capital as well as capital from other investors. Within private equity and venture capital, it focuses on acquisit... [Read more]

Sector Financials
Founded 1997
Employees 200,000
Stock Exchange NYSE
Ticker Symbol BN
Full Company Profile

Financial Performance

In 2023, Brookfield's revenue was $95.92 billion, an increase of 3.40% compared to the previous year's $92.77 billion. Earnings were $1.13 billion, a decrease of -45.04%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for BN stock is "Buy." The 12-month stock price forecast is $47.25, which is an increase of 6.20% from the latest price.

Price Target
$47.25
(6.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Brookfield Corporation Reports Strong First Quarter Results

Record $150 billion of Deployable Capital Today Distributable Earnings of $4.9 billion and Net Income of $5.2 billion  for the Last Twelve Months BROOKFIELD, NEWS, May 09, 2024 (GLOBE NEWSWIRE) -- Bro...

9 days ago - GlobeNewsWire

Brookfield Asset Management Announces Strong First Quarter Results

Insurance Flows and Castlelake Add $75 Billion of AUM Since Quarter End $106 Billion of Dry Powder Available to Invest BROOKFIELD, NEWS, May 08, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Lt...

Other symbols: BAM
10 days ago - GlobeNewsWire

Scout Clean Energy Closes $100 Million Equipment Supply Loan

Facility supports construction of multiple projects in the pipeline BOULDER, Colo. , May 6, 2024 /PRNewswire/ -- Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator, i...

Other symbols: BAM
12 days ago - PRNewsWire

Brookfield Asset (BAM) stock price analysis and earnings preview

Brookfield Asset Management (NYSE: BAM) stock price has pulled back after soaring to a record high in March as investors waited for the upcoming earnings. After peaking at $42.97 in March, it has retr...

Other symbols: BAM
15 days ago - Invezz

SVB Financial Group Enters into Definitive Agreement for the Sale of SVB Capital

Pinegrove Affiliate to Acquire SVB Capital SVB Capital and Pinegrove to Operate Independently with Common Sponsorship and Shared Mission to Serve the Venture Ecosystem SAN FRANCISCO , May 2, 2024 /PRN...

Other symbols: BAM
16 days ago - PRNewsWire

Microsoft signs deal to invest more than $10 billion on renewable energy capacity to power data centers

Microsoft and Brookfield Asset Management will develop 10.5 gigawatts of renewable energy, in a deal they describe as the largest of its kind.

Other symbols: MSFTBAM
17 days ago - CNBC

Microsoft signs renewable energy deal with Brookfield, 10.5 gigawatts capacity to likely cost $10 B

On Wednesday, tech giant Microsoft and Brookfield Asset Management of Canada announced plans to develop new solar and wind farms to bring over 10.5 gigawatts of new renewable energy capacity. This dea...

Other symbols: MSFTBAM
17 days ago - Invezz

Brookfield and Microsoft Collaborating to Deliver Over 10.5 GW of New Renewable Power Capacity Globally

TORONTO and REDMOND, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM; TSX: BAM), together with Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) (“Brookfield”) a...

Other symbols: BEPBEPCBAMMSFT
17 days ago - GlobeNewsWire

Microsoft to power data centers with Brookfield renewables deal, FT says

Canada's Brookfield Asset Management is set to develop new wind and solar farms with backing from tech giant Microsoft in an attempt to bring 10.5 gigawatts of generating capacity online, the Financia...

Other symbols: MSFTBAM
18 days ago - Reuters

Scout Clean Energy Announces 12-Year Virtual Power Purchase Agreement with Zoetis Inc.

BOULDER, Colo. , April 18, 2024 /PRNewswire/ -- Scout Clean Energy (Scout), a Colorado-based renewable energy developer-owner-operator, is pleased to announce they have signed a Virtual Power Purchase...

Other symbols: BAM
4 weeks ago - PRNewsWire

Brookfield Asset Management Ltd. Sets First Quarter 2024 Results Conference Call

BROOKFIELD, NEWS, April 12, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is set to publish its financial results for the first quarter 2024 on May 8, 2024, prior to ...

Other symbols: BAM
5 weeks ago - GlobeNewsWire

Brookfield Corporation to Host First Quarter 2024 Results Conference Call

BROOKFIELD, NEWS, April 09, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (TSX: BN, NYSE: BN) will host its first quarter 2024 conference call and webcast on Thursday, May 9, 2024 at 10:00 a.m. (ET)...

5 weeks ago - GlobeNewsWire

Brookfield Announces a Strategic Partnership with Soundcore Capital Partners and Heartland Paving Partners

NEW YORK , April 4, 2024 /PRNewswire/ -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM), through its private equity sponsor solutions business, Brookfield Sponsor Solutions, today announced a ...

Other symbols: BAM
6 weeks ago - PRNewsWire

Brookfield Corporation Announces Results of Conversion of its Series 34 Preferred Shares

BROOKFIELD, NEWS, March 21, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) today announced that after having taken into account all election notices received by the deadline for t...

2 months ago - GlobeNewsWire

Brookfield Asset Management Completes Annual Filings and Announces Management Changes

BROOKFIELD, NEWS, March 19, 2024 (GLOBE NEWSWIRE) --  Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) announced that it has filed its 2023 annual materials on Form 40-F, including its audited f...

Other symbols: BAM
2 months ago - GlobeNewsWire

Brookfield Corporation Completes Annual Filings

BROOKFIELD, NEWS, March 18, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that it has filed its 2023 annual materials on Form 40-F, including its a...

2 months ago - GlobeNewsWire

Brookfield Announces Reset Dividend Rate on its Series 34 Preference Shares

BROOKFIELD, NEWS, March 04, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that it has determined the fixed dividend rate on its Cumulative Class A ...

2 months ago - GlobeNewsWire

Brookfield Corporation Announces Pricing of $750 Million Notes Offering

BROOKFIELD, NEWS, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $750 million principal amount of senio...

2 months ago - GlobeNewsWire

Here's why private equity stocks like APO, BAM, Ares, OWL have soared

Wall Street has been amazed by the recent surge in technology stocks like Nvidia and Super Micro Computer. All these stocks have surged to a record high because of the ongoing demand for artificial in...

Other symbols: APOARESBAMOWL
3 months ago - Invezz

Brookfield CEO on Creating a Strategy for Financial Infrastructure

Brookfield plans to start a pool that invests in financial infrastructure, such as payments systems, as demand for the asset class grows. "We're creating a strategy for financial infrastructure becaus...

Other symbols: BAM
3 months ago - Bloomberg Markets and Finance

Brookfield Asset Management (BAM) stock is nearing ATH: is it a buy?

Private equity companies are doing well, with some of them trading at a record high. Brookfield Asset Management (BAM) stock price was trading at $41 on Friday, a few points below its all-time high of...

Other symbols: BAM
3 months ago - Invezz

Brookfield Corporation Reports Strong 2023 Results

Distributable Earnings of $4.8 billion and Net Income of $5.1 billion for the Year Quarterly Dividend Raised by 14% BROOKFIELD, NEWS, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN...

3 months ago - GlobeNewsWire

Brookfield Asset Management Announces Strong Fourth Quarter Results and 19% Dividend Increase

$93 Billion of Capital Inflows, Prior to AEL Transaction $107 Billion of Dry Powder Available to Deploy BROOKFIELD, NEWS, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM,...

Other symbols: BAM
3 months ago - GlobeNewsWire

Brookfield Announces $10 Billion First Closing for Second Brookfield Global Transition Fund

World's largest private fund dedicated to investing in the net zero economy On track to exceed previous transition fund size BROOKFIELD, NEWS, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Manage...

Other symbols: BAM
3 months ago - GlobeNewsWire

Scout Signs Virtual Power Purchase Agreement with AdventHealth for Texas Wind Farm

Agreement expected to support 40 percent of AdventHealth's electricity needs BOULDER, Colo. , Feb. 1, 2024 /PRNewswire/ -- Scout Clean Energy (Scout), a Colorado based renewable energy developer-owner...

Other symbols: BAM
3 months ago - PRNewsWire